MSME DEVELOPMENT POLICY BRIEF

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On the 3rd of May 2018, Kenya Business Guide (KBG) in partnership with Kenya National Chamber of Commerce and Industry (KNCCI) and the Strathmore Business School (SBS) hosted a policy breakfast on Micro, Small, and Medium Enterprise (MSME) Development.

After the welcome breakfast, remarks, and a Keynote Address from Angela Ndambuki (CEO, Kenya National Chamber of Commerce), Sahil Shah (Project Lead, Kenya Business Guide) opened the event with an informative presentation on MSMEs and presented a five-point policy framework for MSME Development in the country. Presently, MSMEs represent an untapped source for economic growth, social transformation, and employment generation in Kenya. Therefore, there needs to be concerted effort and collaboration among key actors, players, and stakeholders to share information and insights for the sustained development of this sector. An integrated approach is needed, which is connecting the five-point policy framework: information and awareness, legal and regulatory environment, access to finance, capacity building, and supporting infrastructure. Each of this five-point policy framework was represented in the panel discussion by an expert. The panel discussion podium was joined by Alex Owino (Metropole Corporation), Ken (Wachira – Rodl& Partner), Mungai Munene (Capital Operating Partners), Prof. Robert Mudida (Strathmore Institute of Public Policy and Governance), Sahil Shah (Kenya Business Guide), and Patrick Wameyo (Entrepreneurship Center East Africa).

The Kenya Business Guide is looking forward to hosting further events in partnership with the KNCCI and SBS. Follow this link for more information on the five-point policy framework.

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